Baltic Sea Properties AS (OSL:BALT) ROE %: 5.35% (As of Mar. 2026) — 21% Below Median


OSL:BALT Baltic Sea Properties AS OSL:BALT
72 GF Score
Price kr47.00
GF Value kr49.28
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Baltic Sea Properties AS ROE %?

Baltic Sea Properties AS OSL:BALT -2.08% 72 ROE % is 5.35% as of Mar. 2026, which is 21% below its 10-year median of 6.78. GuruFocus rates OSL:BALT with a GF Score™ of 72/100 and a GF Value™ of kr49.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,732 Real Estate companies, Baltic Sea Properties AS ranks better than 64.43% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baltic Sea Properties AS's annualized net income for the quarter that ended in Mar. 2026 was kr33.9 Mil. Baltic Sea Properties AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr633.5 Mil. Therefore, Baltic Sea Properties AS's annualized ROE % for the quarter that ended in Mar. 2026 was 5.35%.

The historical rank and industry rank for Baltic Sea Properties AS's ROE % or its related term are showing as below:

OSL:BALT' s ROE % Range Over the Past 10 Years
Min: -22.46   Med: 6.78   Max: 24.97
Current: 7.41

During the past 12 years, Baltic Sea Properties AS's highest ROE % was 24.97%. The lowest was -22.46%. And the median was 6.78%.

OSL:BALT's ROE % is ranked better than
64.43% of 1732 companies
in the Real Estate industry
Industry Median: 3.94 vs OSL:BALT: 7.41

Baltic Sea Properties AS  (OSL:BALT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=33.916/633.478
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.916 / 106.628)*(106.628 / 1518.681)*(1518.681 / 633.478)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.81 %*0.0702*2.3974
=ROA %*Equity Multiplier
=2.23 %*2.3974
=5.35 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=33.916/633.478
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (33.916 / 44.212) * (44.212 / 80.008) * (80.008 / 106.628) * (106.628 / 1518.681) * (1518.681 / 633.478)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7671 * 0.5526 * 75.03 % * 0.0702 * 2.3974
=5.35 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Baltic Sea Properties AS ROE % Related Terms


Baltic Sea Properties AS ROE % Historical Data

* Premium members only.

The historical data trend for Baltic Sea Properties AS's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baltic Sea Properties AS ROE % Chart

Baltic Sea Properties AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 12.48 6.77 10.39 7.26

Baltic Sea Properties AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.45 4.83 4.24 14.94 5.35

OSL:BALT vs CBRE, BEKE, JLL: ROE % Comparison

For the Real Estate Services subindustry, Baltic Sea Properties AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baltic Sea Properties AS ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Baltic Sea Properties AS's ROE % distribution charts can be found below:

* The bar in red indicates where Baltic Sea Properties AS's ROE % falls into.


OSL:BALT
72GF Score
Baltic Sea Properties AS OSL:BALT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baltic Sea Properties AS ROE % Calculation

Baltic Sea Properties AS's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=45.82/( (615.34+647.537)/ 2 )
=45.82/631.4385
=7.26 %

Baltic Sea Properties AS's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=33.916/( (647.537+619.419)/ 2 )
=33.916/633.478
=5.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 5.35% mean?
Baltic Sea Properties AS (OSL:BALT) has a ROE % of 5.35% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Baltic Sea Properties AS and its competitors. This is 21% below median its historical median of 6.78. According to the industry distribution chart, Baltic Sea Properties AS ranks #616 out of 1732 companies in the Real Estate industry, placing it in the top 35.6%.
Is Baltic Sea Properties AS's ROE % too high?
Baltic Sea Properties AS's current ROE % of 5.35% is 21% below median its 10-year median of 6.78. The Real Estate industry median ROE % is 3.94. Baltic Sea Properties AS's value of 5.35% is 35.8% above this industry median. Based on the distribution chart, Baltic Sea Properties AS ranks #616 out of 1732 companies in the Real Estate industry, which is above the industry midpoint. Overall, Baltic Sea Properties AS has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baltic Sea Properties AS's ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Baltic Sea Properties AS ranks #616 out of 1732 companies for ROE %. This puts Baltic Sea Properties AS in the upper half of its industry. The industry median ROE % is 3.94. Baltic Sea Properties AS's value of 5.35% is 35.8% above this benchmark. While the company's 10-year median is 6.78 vs. the industry median of 3.94, Baltic Sea Properties AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.94, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baltic Sea Properties AS's current ROE % of 5.35% is 35.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Baltic Sea Properties AS and its competitors. For the Real Estate industry, the median ROE % is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baltic Sea Properties AS's current ROE % is 5.35%, which is 21% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baltic Sea Properties AS stock overvalued right now?
Based on GuruFocus' analysis, Baltic Sea Properties AS (OSL:BALT) is currently considered Fairly Valued. The stock's GF Value™ is kr49.28, compared to a current price of kr47.00 — trading 4.6% below its estimated fair value. The current ROE % is 5.35%, which is 21% below median its 10-year median of 6.78 and 35.8% above the Real Estate industry median of 3.94. Baltic Sea Properties AS's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Baltic Sea Properties AS (OSL:BALT), the current ROE % is 5.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baltic Sea Properties AS (OSL:BALT) Overvalued in 2026?

Based on GuruFocus' analysis, Baltic Sea Properties AS stock appears to be undervalued. The current stock price of kr47.00 is trading 4.6% below its estimated GF Value™ of kr49.28. GuruFocus considers Baltic Sea Properties AS to be Fairly Valued.

Key valuation signals for OSL:BALT:

  • ROE %: 5.35% (21% below median its 10-year median of 6.78)
  • GF Value™: kr49.28 vs. price of kr47.00 (4.6% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 35.8% above the Real Estate median (#616 of 1732)

No single metric tells the full story. See the OSL:BALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baltic Sea Properties AS Business Description

Address Tollbugata 8a, Oslo, NOR, 0152
Baltic Sea Properties AS is a Norwegian based open-ended and fully integrated investment company. The company acquires, invests, develops, rents, and realizes commercial real estate properties focusing on logistics, industrial, and retail segments. The company's operations consist of the acquisition, development, and letting of investment properties in Lithuania and some related businesses. It owns, develops, and manages commercial real estate in the Baltics.
72GF Score

Get the complete analysis for OSL:BALT

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr47.00
Price
kr49.28
GF Value